Mondelez International is a global snack company that specializes in producing a wide range of well-known brands in the confectionery, biscuit, chocolate, gum, and cheese categories
The company is committed to delivering delightful snacking experiences to consumers and operates with a focus on innovation and sustainability. Key products under its umbrella include popular items such as Oreo cookies, Cadbury chocolates, Toblerone, Ritz crackers, and Trident gum. Mondelez International operates across multiple markets worldwide, positioning itself as a leader in the snack food industry by continually expanding its product offerings and enhancing its brand portfolio.
The U.S. Department of Agriculture said Wednesday that six dairy herds in Nevada have tested positive for a strain of bird flu associated with a man's death in January.
Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from positive labor market data.
Packaged snacks company Mondelez (NASDAQMDLZ) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 3.1% year on year to $9.60 billion. Its non-GAAP profit of $0.65 per share was in line with analysts’ consensus estimates.
Mondelez International reported Q4 revenue of $9.60 billion, falling below estimates. While gross profit rose 6.9%, cocoa cost inflation pressures the company's outlook for FY25.
U.S. stocks advanced midday Tuesday, demonstrating resilience despite escalating geopolitical tensions and trade uncertainties between the world’s two largest economies.
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As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the shelf-stable food industry, including Mondelez (NASDAQMDLZ) and its peers.
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